Whose name does title company search for the sale of and inherited house?

The title company will search the heirs whether it is an estate sale or not. Having testamentary letters will be much cleaner for the title...

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CouId the beneficiary of a 3rd pty special needs trust live in a trust owned home if they paid rent without a benefit reduction?

If the SNT owns the home, then if the beneficiary lives in the home, the SSI benefits will be reduced by approximately $230. As to whether the...

What document(s) would I need to detail ownership of an INC?

While it is not really equivalent to an operating agreement, you need bylaws and stock certificates. Job responsibilities are not part of the...

There are benefits to both having the home owned by the special needs trust, or for your brother directly owning the home. In either case, his SSI...

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How can my mother leave her residence to my disabled brother without affecting his benefits?

I am a Long Island New York attorney who focuses on special needs trusts in just these sorts of situations. You can visit my blog at...

Yes, establishing a special needs trust will affect these benefits. Both SSI and Section 8 housing have very complex rules as to how they will...

My mother has dementia, rheumatoid arthritis which prevents her from being able to sign financial papers.Can Dad sign for her?

The dementia and the rheumatoid arthritis are two different issues. If she is unable to sign because of the arthritis, that is a physical...

Can a mentally disabled person take ownership of a property due to certain circumstances?

You may end up causing difficulties for your brother too. If he is disabled and receiving SSI and/or Medicaid benefits, an inheritance could cause...

If I put stocks and mut funds in irrevoc trust do reinv gains/div have to be paid out at some time? Is there $ limit for it?

Your parents should see an elder law attorney to explain the pros and cons of setting up an irrevocable trust. It would depend on their purposes...

If married under 6 months and one passes away and is not named in the will but prenup gives Life tenancy in NY>

I'm sorry to hear of your loss. While you might very well have grounds to contest the prenuptial agreement, the result of that would be that New...